Latest Breaking News On - Psu bank shares plunge - Page 1 : comparemela.com

Shares of PSU stocks dropped by up to 13% as RBI imposed stricter regulations on project loans during the construction phase, with provisions set at 5%. Power financing companies like PFC and REC witnessed sharp declines.

Bank exposureRural electrification corporationPower finance corporationGodrej propertiesCanara bankPunjab national bankReserve bankCapital marketIrrevocable payment commitmentsPsu stocksNifty psu indexBse psu indexPsu stocks decline monday sessionSharp drop in psu stock pricesRbi guidelines on lending to projectsReserve bank of india project loan guidelines